02 Financial Accounts

FAA4.A Financial Accounts (FIAC) : 02 Financial Accounts - Overview

02 Financial Accounts - Overview

Financial accounts may be determined countable or not countable, depending on the program. The resource limit amounts for each program are as follows:

●CA Resource Limit

●NA Resource Limit

WARNING

Monies that have already been counted as income in a given month must not be counted as a resource in the same month. Count any money remaining in the following month as a resource.

Consider all countable financial accounts that are available to the budgetary unit when determining eligibility.

EXCEPTION

Up to $2,000 in financial accounts per household is not countable as a resource for Pascua Yaqui Tribal TANF cases.

Key the first $2,000 in financial accounts on FIAC using the OF Financial Account Code.

Policy and procedures for treatment of financial accounts are outlined as follows:

●Financial Accounts Resource Considerations

●Financial Accounts Ownership and Availability

●Financial Accounts Sale or Transfer

●Financial Accounts Verification

●Financial Accounts Changes

●Financial Account Types